James Anderson

This week, the London Bullion Market Association renounced what it claims was a data entry error. After the group falsely reported a dramatic escalation from February to March 2021, of the supposed silver being held amongst the large ETF custodian bullion banks in London. The second half of this year for precious metals is lining up to be very memorable and potentially historic. 

We begin this week with a Federal Reserve chart that illustrates the US fiat monetary base, the running total of fiat Federal Reserve note cash that is now in circulation.

The data was updated at the end of last March 2021, and there are now nearly $6 trillion of them issued.

Ten years ago yesterday, silver made a run at its record price high of $50 oz. In 2021, the silver spot price appears to be again stuck at $26 oz about where it was, to start April 2011. The fiat US dollar's monetary base has exploded since 2011. Silver should have great years upcoming...

Buying gold online from reputable high volume gold bullion dealers is almost as simple as buying a book from Amazon or other reputable online retail stores.

The biggest difference will be in payment method and time required for full payment clearance and delivery.

Here we discuss best practices for buying gold bullion safely and successfully online today.

In this week's SD Bullion Market Update, you can see and hear the head of the CFTC in his own words. Perhaps like me, you too were naive in judging the full weight or the gravity of what an exponential run in silver and gold values will mean in the grander scheme of geopolitical and US national security affairs. If you will, underestimating the realpolitik of rapidly escalating precious metal values.

Big news broke last Friday morning on revamping Chinese gold demand this April and May 2021. London appears wholly unprepared for what is building. Perhaps the one thing that will save them is rapidly rising spot prices in fiat currency terms...